According to the report, the lipstick market stood is projected to reach over $6.6 billion by 2023 on account of rising disposable income and expanding semi-urban and urban population.

Moreover, with growing working women population, demand for cosmetics including lipsticks is also increasing. Additionally, rising inclination towards natural and organic lipsticks coupled with product innovation and attractive & innovative packaging by leading lipstick players is further anticipated to positively influence Asia-Pacific lipstick market in the coming years.

The report discusses the following aspects of Lipstick market in Asia-Pacific: